An Operating Lease is a form of lease agreement that involves the transfer of a leased asset to the lessee for a short-term period that is shorter than its depreciation period. Usually, the term of the operating lease is 3-4 years. At the end of the lease term, the asset is returned to the lessor, unless otherwise agreed in the contract.
Operating Lease is a useful tool which saves time and money. That is why such agreements are widespread in Europe and the USA.
The set of services of Operating Car Lease agreement usually includes car registration costs, taxes and fees, vehicle inspection, seasonal tire change and its storage, MTPL and CASCO insurance, a replacement car during repairs, and others.
The payment burden is reduced by significantly lower payments compared to a financial lease or loan due to incomplete depreciation of the leased asset.
At O.C.N. Capital Leasing S.R.L. new cars and commercial vehicles are offered for this type of leasing.
